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Turtle Bay Resort Lands
11/29/2006 - selectoverseas.com
REF: 297 Superb 0 bedroom Land in Turtle Bay Resort Maio Island Cape Verde for sale for 44,319 GBP contact selectoverseas.com for details. The Land is over 1,000 sq m and has 0 bathrooms marketed on 29 November 2006. Beach 1 Beach 2 Beach 3 Development Map Possible Development
Land
in
Turtle Bay Resort Maio Island, Cape Verde
Property in
Maio Island |
Property in Cape Verde
| Back
| Bedrooms: 0 |
Bathrooms: 0 |
Size:
1,000 sq m |
Price:
44,319 GBP
(EUROS) € 55,270 (GBP) £ 44,319 (US) $ 87,787 |
| Finance this property from
131.85 GBP (€ 164.43/ £ 131.85/ $ 261.16)
per month - see our
Cape Verde
mortgages
info |
|
Land Description
This is without doubt one of the best developments we have had to market and will offer something for everyone. With beach frontage, new marina and at a highly competitive price structure, this is your chance to potentially own your own bit of paradise.
Plot prices from: ==========
€75,000 for a premier plot (Available with an additional pre-launch 15% discount until 1st December 2006).
€125,000 front line plot (Available with an additional pre-launch 15% discount until 1st December 2006).
This development will be launched on the 1st of December and you will have the opportunity to purchase at a 15% discounted price.
Current prices up to 01/12/2006
** Premier plot: €63,750 ** Front line plot: €106,250
There will be the chance to buy beach front and premier plots after the launch but the price will be significantly higher.
DEVELOPMENT FEATURES ==================
• Beach frontage. • Quiet, desirable location. • New marina planned. • Freehold ownership. • 1,000 sqm plot size. • 4 bedroom Villas & Townhouses.
DESCRIPTION ==========
This development is structured to enable you to maximise your investment. You will initially purchase your plot and then will make a second further payment for the infrastructure and final payment structured over twelve months for the construction of your luxury villa. Constructors finance will be available for your villa up to 100%.
KEY FACTS ========
• Individual Freehold Plots. • Planning for 4 bedroom Villas & Townhouses. • Beachfront location. • Payment in stages. • Low initial investment. • Finance for 100% of build cost. • Excellent potential returns.
LOCATION ========
The Cape Verde Islands are part of the Macaronesia, a grouping of four Atlantic archipelagos, which also include Portugal’s Azores, Madeira Islands and Spain’s Canary Islands. The Islands are located off the West coast of Africa in the same line and latitude as Barbados, allowing summer weather all year round boasting an average temperature of around 25 degrees along with 10-12 hours of sunshine daily.
The Cape Verde Islands were uninhabited when discovered by the Portuguese in 1460. Over the centuries, African blood (originally brought in under slavery) mixed with the blood of the Portuguese, and to a lesser extent with English and French, to create a Cape Verdean people. In 1975, after more than five hundred years of union, the Cape Verde was given Independence from Portugal.
Cape Verde is made up of 10 islands and 8 islets, they are of volcanic origin and are located around 1000 miles south of the Canary Islands and 300 miles off the coast of Senegal, western Africa. The islands are divided into two groups named according to the trade winds that reach them from the African Continent: windward and leeward. The first group consists of the islands of Santo Antão, S.Vicente, Santa Luzia (disabitata), S.Nicolau, Sal, Boavista, and the second, more to the South, comprises the islands of Maio, Santiago, Fogo and Brava.
Cape Verde temperatures are on average three degrees higher than that of the Canary Islands. Although Cape Verde is independent they are in a sense Portugal's answer to the Canary Islands but being located further south they enjoy a superb tropical climate; superior to that of the Canaries with perfect temperatures for swimming and sunbathing all year round.
Flight-times to Cape Verde are comparatively short compared to other island destinations within the tropics such as in the Caribbean or the Seychelles. Existing scheduled flights to Sal Island take about five-and-a-half hours from Paris and 6 hours from Amsterdam, Milan, Munich, Frankfurt and Rome. From Lisbon, flights are three-and-a-half hours and from Las Palmas (Canaries) about one-and-a-half hours. Direct flights from the UK will begin this Autumn.
BEACH FRONT ON THE DEVELOPMENT SITE ==============================
Two parcels of land in Maio, Cape Verde. Each parcel approximately 50 hectares. 1,000,000 square meters of land.
25% for infrastructure 750,000 sq m remaining.
50,000 sqm commercial – Marina development, bars, fitness centre, restaurants, hotels, shops etc.
700,000 sq m to sell as plots for luxury Villa’s
selectoverseas.com
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Cape Verde
Mortgages: Example for
REF
297
(
Land
in
Turtle Bay Resort Maio Island, Cape Verde
) |
Interest only mortgage
Example APR =
5.1
%
Example Mortgage Term =
30
years
30% Deposit =
13,296 GBP
70 % Financed =
31,023 GBP
Monthly mortgage repayment =
131.85 GBP (€ 164.43/ £ 131.85/ $ 261.16)
|
Capital repayment mortgage:
Example APR =
5.1
%
Example Mortgage Term =
30
years
30% Deposit =
13,296 GBP
70 % Financed =
31,023 GBP
Monthly mortgage repayment =
168.44 GBP (€ 210.06/ £ 168.44/ $ 333.65)
|
| Correct as at Monday, September 08, 2008 |
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